Google plans to spend big as AI race with rivals intensifies

Google plans to spend big as AI race with rivals intensifies

‘The Big Money Show’ discusses the dump in software and data stocks after new AI tools spark disruption fears, destroying $300 billion in market value. Alphabet executives struck a confident tone on Wednesday’s post-earnings call, signaling that Google’s heavy investments in artificial intelligence are now translating into real revenue growth across the business. The call…

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Major firearms distributor serving thousands of retailers across multiple countries files for bankruptcy

Major firearms distributor serving thousands of retailers across multiple countries files for bankruptcy

Check out what’s clicking on FoxBusiness.com. A major distributor in the gun and outdoor sporting goods industry has filed for bankruptcy. Big Rock Sports, LLC, a key supplier serving tens of thousands of retailers across the U.S. and abroad, has filed for Chapter 7 bankruptcy liquidation in the U.S. Bankruptcy Court for the Eastern District…

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Trump administration axes $1.5B in blue-state grants over reported waste and mismanagement concerns

Trump administration axes $1.5B in blue-state grants over reported waste and mismanagement concerns

Check out what’s clicking on FoxBusiness.com. The Trump administration’s budget office told FOX Business Wednesday that it is canceling $1.5 billion in blue-state grants, citing concerns about how funds are being managed in California, Colorado, Illinois and Minnesota. The Office of Management and Budget (OMB) said it will target projects at the Department of Transportation…

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